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Feb 8, 2013
02/13
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buy some defensive. there were stocks that went up even during the depression so you want to own your health care and your food and own your beverage and global gorillas that have exposure to the underlying global growth. that's where i think you can hide. master limited partnerships. you'll get yield. buy bce, bell canada enterprise is, the thing yields 5.2%, versus flat a year ago. >> thank you, guys. >> peter, i'll see you next time, and the next time you leave california, don't come when there's a blizzard coming to town. >> you guys greeted me with that. wasn't my fault. >> have a good weekend. stay safe. >> since storms get names these days, why not rallies or selloffs, so we asked you, our twitter friends, what should we call the trooent rally. maria, what do you think here? >> well, j.j. is calling it the in spite of apple rally and my tweet is it's ben's rally. >> or just call it ben. >> one-word names, right. >> another one says we should call it the maria rally. markets are rallying in anticip
buy some defensive. there were stocks that went up even during the depression so you want to own your health care and your food and own your beverage and global gorillas that have exposure to the underlying global growth. that's where i think you can hide. master limited partnerships. you'll get yield. buy bce, bell canada enterprise is, the thing yields 5.2%, versus flat a year ago. >> thank you, guys. >> peter, i'll see you next time, and the next time you leave california, don't...
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Feb 8, 2013
02/13
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i would think it would get a little more defensive and i think it will hit real resistance there and then back o.every time it backs off there's always plenty of buyers around. so far. >> get home safe, my friend. >> that will do it. we'll go out mid-range and call it as the markets in new york, boston, all over the northeast are getting ready for the blizzard. all of you get home safe if you haven't already. the second hour of "closing bell" under way right now with maria bartiromo. >>> and it is 4:00 on wall street. do you know where your money is? hi, everybody of welcome back to the "closing bell." a stormy "closing bell." i'm embroemo. t the s&p posting six straight weeks of gains for the first time since 1971. see how we're settling out on wall street. the dow jones industrial average tonight up about 41 points, a quarter of a% higher at 13,984. s&p 500 picked up 7.66 points and the nasdaq composite the big winner on the ses, technology in the lead, up 27 points on nasdaq at 3192. last trade there. the dow couldn't push high enough to make it a winning week though but the s&p d
i would think it would get a little more defensive and i think it will hit real resistance there and then back o.every time it backs off there's always plenty of buyers around. so far. >> get home safe, my friend. >> that will do it. we'll go out mid-range and call it as the markets in new york, boston, all over the northeast are getting ready for the blizzard. all of you get home safe if you haven't already. the second hour of "closing bell" under way right now with maria...
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Feb 7, 2013
02/13
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we cut non-defense discretionary. we cut defense too deeply. we're not investing in education, infrastructure, training, and we're not even doing anything to stabilize the debt-to-gdp ratio after 2020, 2022 because the entitlement programs are not touched. very bad policy. >> it just seems like there's an opportunity to come up with cuts, it doesn't happen, laura, so you say that's not the way a business operate. a business doesn't operate with no budget for four years either. we haven't had a budget in four years. >> a business operates when times are bad, and they can borrow. they do borrow. the u.s. government has been able to borrow at record low interest rates for the last few years. the only group that seems to be determined to slow the economy down because they are worried about the ability of the government to borrow are those who are fostering the sequester. the u.s. government has been able to borrow. it has run itself as an economy, running an economy which is in slow growth where the deficit automatically picks up because there's sl
we cut non-defense discretionary. we cut defense too deeply. we're not investing in education, infrastructure, training, and we're not even doing anything to stabilize the debt-to-gdp ratio after 2020, 2022 because the entitlement programs are not touched. very bad policy. >> it just seems like there's an opportunity to come up with cuts, it doesn't happen, laura, so you say that's not the way a business operate. a business doesn't operate with no budget for four years either. we haven't...
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they do have a joint defense agreement, sac and martoma. i will say this, this is another thing in cohen's favor, and i don't know the exact date, but from what i understand, the statute of limitations on this case is going to run out in the summer. so if they don't get martoma -- liz: the clock is ticking. >> -- by the summer, steve cohen is likely to not get indicted. this is what i'm hearing from sources, if they don't get him on this, the other cases aren't that good. the other potential witnesses aren't that good. a lot of people are talking about this michael steinberg, one of the top guys at sac, maybe he will flip. from what i understand, they don't think they are as good as martoma. this is kind of an interesting case. remember martoma buying and selling elan and wyeth. buying and selling that when, you know, right during -- right before material events and getting some inside information from the stock that was involved in drug company trials. he has a fairly long -- i think it's a 20 minute phone call with -- they know they spoke
they do have a joint defense agreement, sac and martoma. i will say this, this is another thing in cohen's favor, and i don't know the exact date, but from what i understand, the statute of limitations on this case is going to run out in the summer. so if they don't get martoma -- liz: the clock is ticking. >> -- by the summer, steve cohen is likely to not get indicted. this is what i'm hearing from sources, if they don't get him on this, the other cases aren't that good. the other...
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Feb 4, 2013
02/13
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and you're not going to get there by cutting defense. and you're not going to get there by raising taxes. you've got to address the problem which is entitlement spending. >> here's one of the major problems with regard to medicare. and that is rising health care costs. already 18% of total gdp. seems to me the best way to control medicare and medicaid, those are the ones out of control. social security is not out of control. it's medicare and medicaid -- >> but it hasn't been fixed. >> the best way to deal with medicare and medicaid is to get health care costs under control. what you want to do is basically use the bargaining of medicare and medicaid so that providers move from a fee system, a fee for service system to a fee for healthy outcome system. wouldn't you agree? >> well, absolutely. as you know, that's the proposal being pushed forward by dartmouth your alma mater. has a lot of viability to it. but it's easy to say but it's hard to do. the point is, however, that you've got to have a president who's willing to step up on the is
and you're not going to get there by cutting defense. and you're not going to get there by raising taxes. you've got to address the problem which is entitlement spending. >> here's one of the major problems with regard to medicare. and that is rising health care costs. already 18% of total gdp. seems to me the best way to control medicare and medicaid, those are the ones out of control. social security is not out of control. it's medicare and medicaid -- >> but it hasn't been fixed....